Writing Contest: Kinesis. Future Of Money

in #crypto6 years ago (edited)

Introduction

Since countries began to market and conduct transactions with other countries, they needed to keep their economies safe from the volatilities of the world market and to make them support their financial systems and the issuance of money from their economies with a pattern that all countries will support, accept and give stable value to their economies and financial systems, this is the gold and silver standard as a means of supporting their economies.

In the economy of cryptocurrency markets there is a phenomenon that drives away serious investors and is the great volatility of the market. The blockchain system, despite being a decentralized, safe and reliable system, is a market very sensitive to speculations of all kinds that cause its markets to suffer great losses or profits. This volatility coupled with the often cumbersome conversion of these cryptocurrencies into fiat currencies makes them commercialized in real life is complicated and often slow.
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Kinesis was born to solve these problems because it unites and fuses the financial system of the gold and silver standard, with the new decentralized blockchain system. This hybrid opens the doors to the best of the old and the best of the new to create a free financial system of centralized governments that hinder the real free trade of supply and demand, creating with it a healthy, decentralized, strong financial system and reach of all.

What is Kinesis?

Kinesis is a decentralized project that combines the new technology of the blockchain with the oldest money form backed by a financial system that ensures its value with the gold and silver standard, making its platform stable, useful, safe and rewarding to facilitate the trade in the real world.
This platform seeks to create an "internationally fungible monetary system". With its application, users will stop accumulating their cryptocurrencies, which they value on their fiduciary currency and those that they do not wish to renounce.

The vision of Kinesis is to take an evolutionary step beyond any monetary and banking system available today. This is achieved by basing 1: 1 Kinesis coins on physical gold and silver allocated directly. Use is encouraged by attaching a single multifaceted performance system. This promotes the use of Kinesis as a means of exchange and distributes the wealth generated according to the KVT proportions.

The problem

The cryptographic market is one of the most volatile today. Many investors back off, since there is no law or a way to ensure that the money invested in the purchase of cryptocurrencies maintains an equal or higher value. The cryptocurrencies used are usually not used as a store of value.

The solution

Kinesis A currency that is backed by the most stable and efficient assets: gold and silver, combined with the blockchain technology allows to invest in a safe way. Performance this currency as an asset become more attractive to investors.
This monetary system reshapes the classic view of the system, since it gives way to the performance of these precious metals, encouraging their use and speed by combining multiple types of performance for different degrees of passive or active participation.

The Kinesis system improves the way the user uses money as a store of value and as a means of exchange. The mechanics consist of a perpetual incentive, since the external capital is attracted by Kinesis through a very attractive risk / return ratio and then it is put into motion highly stimulated, promoting trade and economic activity. This is achieved by giving money 1: 1 (100%) backing directly assigned assets and then attaching a single system of multifaceted performance that equitably shares the wealth generated by the system according to the participation and speed of money.
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The Kinesis system can be superimposed on anything that can be standardized, marketed and stored as a value. As a result, we are developing a kinetically loaded cryptocurrency suite with an assigned title of bullion, fixed bank notes, cryptocurrencies and other assets that are stored physically and physically securely in our asset management system and assigned Kinesis banking.

How is the Kinesis strategy in the Blockchain market?

The Kinesis team has drawn four lines: Cryptocurrency markets Gold and silver markets Fiat currency markets Investment asset markets. Kinesis has decided to participate in these four which means that the network could be used for any type of asset, its participation in these four markets less risky than its inherited counterparts. This is because the expense increases the Net Present Value of the assets that are exchanged. In addition, banks and other institutions have legal titles for their clients' assets, since they use these assets to accumulate their own wealth.

Kinesis assigns the title directly to the owner of the accounts in his network. This has implicit benefits for concerns such as the political risk of a country. In addition, it has a strong partnership with the Allocated Bullion Exchange, which in turn are associated with Deutsche Borse Group, which are associated with the European Commodity Clearing settlement service. This allows greater reliability on the part of investors to see that it is backed by organizations with a position of value in the market.

Use-Case

Peter has decided to create a future investment fund. Investigating, Peter went from having a fixed-term account to buy buy Mino, the cryptocurrency of the future. Reading the news Peter has come across cases of hackers who have stolen millions in cryptocurrencies, and he has seen that the cryptographic market has been on the downside in recent months. However, it is with Kinesis a platform where you can invest in the most stable metals: gold and silver. Peter feels comfortable since he will be able to secure his future and that of his children. You can dispose of your money safely and quickly.

More Information

https://kinesis.money/en/

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https://twitter.com/Jacquel96379033/status/1036739392000253952

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